OCBC Bank
OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912.
See below for the Latest OCBC Bank News, Analysis, Profit Results, Share Price Information, and Commentary.
OCBC clinches final regulatory approval to open first branch in Myanmar
The branch has a capital of $102m.
OCBC launches mobile biometric authentication with OneTouch
Using Apple’s Touch ID technology.
OCBC sweeps 2014 earnings race with 38.8% profit surge
Guess which of the top SG banks reported the smallest increase?
Budget 2015 expected to be a “crowd-pleaser”, says OCBC
Education, healthcare, and retirement policies are in focus.
OCBC fails to sell United Engineers stake to Thai billionaire
The exclusivity agreement has lapsed.
Possible collapse in asset quality puts OCBC’s stellar performance at risk
Loans could fall as fast as they surged.
OCBC to subscribe for new Bank of Ningbo shares worth S$383m
Subscription should be completed by 3Q 2014.
OCBC explains market rationale for Wing Hang Bank acquisition
Bank positioning for Greater China expansion.
OCBC in discussions to possibly acquire all Wing Hang Bank shares
Negotiations to last until January 31.
OCBC disposes Vietnam Prosperity Joint Stock Commercial Bank for $55.5m
Purchase offer proved too irresistible.
CIMB predicts 15-20bp NPL increase for DBS, OCBC, UOB
Credit costs will increase 8% in 2013.
KS Energy inks purchase agreement with OCBC and TAEL One
It will issue S$45m in principal amount of new convertible bonds.
Inflation could sit at around 4% in 2013: OCBC
As labour market tightens.
OCBC to aggressively boost growth in Indonesia, China
It now has 350 branches in Indonesia.
Home sales volume to fall 30%-50% in 2013: OCBC
Blame it on these 2 factors.
OCBC suffers margin pressure in Singapore, Indonesia, China
Group margin dipped by 5bps to 1.70%.
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Commentary
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